120 Nicklaus Drive, Frankfort, KY

$320,000

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5.80

Acres

About 120 Nicklaus Drive

Wonderful Opportunity for a builder/developer to purchase and build in Phase II of ''The Condos'' at Duckers - This is a very desirable area on southeast side of Franklin County. The 5.8 acres consist of Tracts 4 and 5 that includes 38 allocated building units in a Development plan - Planned Unit Development (PUD) The current owner has had an engineer draw up plans for either apartments, townhouses, or condo buildings. There is a chance to increase density as Franklin Co Planning &Zoning has allowed other areas to increase sewer manholes on site for easy access. Frankfort Plant Board handles the water and cable. KU handles electric. Priced at less than $10,000 per unit for land and sewer. Phase 1 Completely built out, a well ran HOA is in place if the new developer wants to annex. The development land wraps around # 10, #11 And #18 at Ducker's Lake Gulf Course (currently closed). The last new Sales in Phase 1 are transferring for $260,000 to $280,000.

Land - Farm/Land property for sale in Frankfort, KY at 120 Nicklaus Drive.

Facts & Features of 120 Nicklaus Drive

MLS® # 24006157
Price $320,000
Bathrooms 0.00
Acres 5.80
Type Land - Farm/Land
Sub-Type Lot
Status Active

Community Information of 120 Nicklaus Drive

Address 120 Nicklaus Drive
Area Franklin County
Subdivision Condos at Duckers
City Frankfort
County Franklin
State KY
Zip Code 40601

Amenities of 120 Nicklaus Drive

View Farm, Lake
Is Waterfront No

Exterior of 120 Nicklaus Drive

Lot Description Level, Cleared
Best Us Of Property Residential

School Information On 120 Nicklaus Drive

District Franklin County
High Franklin Co

Additional Information On 120 Nicklaus Drive

Date Listed April 2nd, 2024
Zoning R-1A

Listing Details On 120 Nicklaus Drive

OfficeHeart of KY Real Estate

Listing Map

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